Senate debates

Thursday, 17 September 2009

Questions without Notice

Economy

2:07 pm

Photo of Nick SherryNick Sherry (Tasmania, Australian Labor Party, Assistant Treasurer) Share this | Hansard source

Firstly, the OECD is a world-leading, independent and well-respected economic organisation. It states that job losses across the OECD would have been far higher if national governments had not implemented fiscal stimulus packages. The fiscal stimulus strategy and actions of governments around the world have in fact avoided a depression.

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